True Corporation Future Growth
Future criteria checks 3/6
True's revenue is forecast to decline at 2.7% per annum while its annual earnings are expected to grow at 104.2% per year. EPS is expected to grow by 97.9% per annum. Return on equity is forecast to be 14.9% in 3 years.
Key information
104.2%
Earnings growth rate
97.9%
EPS growth rate
| Telecom earnings growth | 13.1% |
| Revenue growth rate | -2.7% |
| Future return on equity | 14.9% |
| Analyst coverage | Good |
| Last updated | 12 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 211,898 | 16,115 | 60,382 | 87,083 | 15 |
| 12/31/2025 | 211,754 | 9,022 | 53,878 | 79,731 | 16 |
| 12/31/2024 | 208,731 | -1,892 | 43,901 | 68,289 | 14 |
| 9/30/2024 | 239,441 | -17,653 | 37,504 | 93,993 | N/A |
| 6/30/2024 | 238,533 | -18,441 | 30,426 | 87,807 | N/A |
| 3/31/2024 | 236,554 | -18,882 | 22,487 | 82,544 | N/A |
| 12/31/2023 | 202,889 | -17,497 | 14,116 | 62,596 | N/A |
| 9/30/2023 | 150,001 | -16,452 | -2,008 | 39,530 | N/A |
| 6/30/2023 | 132,677 | -17,611 | -13,714 | 32,595 | N/A |
| 3/31/2023 | 117,619 | -16,053 | -16,638 | 29,256 | N/A |
| 12/31/2022 | 135,076 | -18,285 | -20,884 | 35,222 | N/A |
| 9/30/2022 | 143,268 | -5,081 | -20,015 | 33,221 | N/A |
| 6/30/2022 | 143,626 | -2,927 | -15,231 | 38,147 | N/A |
| 3/31/2022 | 143,368 | -2,464 | -20,745 | 35,201 | N/A |
| 12/31/2021 | 143,655 | -1,428 | -23,494 | 35,058 | N/A |
| 9/30/2021 | 138,671 | -1,640 | -35,237 | 25,189 | N/A |
| 6/30/2021 | 138,713 | -933 | -31,996 | 30,426 | N/A |
| 3/31/2021 | 138,793 | 628 | -16,619 | 45,743 | N/A |
| 12/31/2020 | 138,212 | 1,048 | -37,173 | 37,672 | N/A |
| 9/30/2020 | 139,410 | 1,415 | -27,904 | 41,382 | N/A |
| 6/30/2020 | 143,138 | 4,169 | -35,929 | 30,810 | N/A |
| 3/31/2020 | 142,833 | 3,967 | -57,133 | 13,237 | N/A |
| 12/31/2019 | 140,943 | 5,637 | -31,988 | 14,424 | N/A |
| 9/30/2019 | 136,918 | 3,283 | -61,828 | 6,776 | N/A |
| 6/30/2019 | 134,436 | 525 | -64,534 | 5,407 | N/A |
| 3/31/2019 | 161,774 | 9,216 | -26,503 | 35,801 | N/A |
| 12/31/2018 | 161,820 | 7,035 | -31,877 | 37,929 | N/A |
| 9/30/2018 | 167,146 | 12,817 | -5,532 | 52,657 | N/A |
| 6/30/2018 | 166,033 | 12,027 | N/A | 51,454 | N/A |
| 3/31/2018 | 140,063 | 1,030 | N/A | 16,724 | N/A |
| 12/31/2017 | 139,519 | 551 | N/A | 4,993 | N/A |
| 9/30/2017 | 134,699 | -5,441 | N/A | -218 | N/A |
| 6/30/2017 | 132,352 | -7,290 | N/A | -3,556 | N/A |
| 3/31/2017 | 128,162 | -6,127 | N/A | -2,313 | N/A |
| 12/31/2016 | 124,719 | -2,814 | N/A | 8,096 | N/A |
| 9/30/2016 | 123,111 | -63 | N/A | -1,330 | N/A |
| 6/30/2016 | 121,435 | 3,528 | N/A | -3,676 | N/A |
| 3/31/2016 | 119,493 | 5,004 | N/A | -7,310 | N/A |
| 12/31/2015 | 118,781 | 4,412 | N/A | 3,333 | N/A |
| 9/30/2015 | 119,606 | 5,803 | N/A | 2,841 | N/A |
| 6/30/2015 | 116,936 | 2,110 | N/A | 9,252 | N/A |
| 3/31/2015 | 112,434 | -991 | N/A | 12,186 | N/A |
| 12/31/2014 | 109,216 | 1,294 | N/A | -3,644 | N/A |
| 9/30/2014 | 102,605 | -1,023 | N/A | 16,677 | N/A |
| 6/30/2014 | 98,715 | -2,651 | N/A | 13,618 | N/A |
| 3/31/2014 | 97,435 | -4,099 | N/A | 18,705 | N/A |
| 12/31/2013 | 96,214 | -9,063 | N/A | 22,929 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRUE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TRUE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TRUE is expected to become profitable in the next 3 years.
Revenue vs Market: TRUE's revenue is expected to decline over the next 3 years (-2.7% per year).
High Growth Revenue: TRUE's revenue is forecast to decline over the next 3 years (-2.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRUE's Return on Equity is forecast to be low in 3 years time (14.9%).